Oil & Gas Operators

The specialists of RN-Yuganskneftegaz for the first time built a horizontal multilateral well of a two-column design with multiple branches using the fishbone technology. The total length of the well is 5,234 meters, the length of the horizontal section is 2161 meters. The starting flow rate amounted to more than 600 tons …

Vienna, Austria, 5 November 2019–The price of OPEC basket of fourteen crudes stood at $62.00 a barrel on Monday, compared with $60.19 the previous Friday, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), …

Vienna, Austria, 4 November 2019–The price of OPEC basket of fourteen crudes stood at $60.19 a barrel on Friday, compared with $60.52 the previous day, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno …

Volga Gas plc, the oil and gas exploration and production group operating in the Volga Region of Russia, is pleased to provide the following update on its average production volumes for October 2019. Production Report The average production in October 2019 was 3,134 barrels of oil equivalent per day (18% lower than September 2019). Lower production resulted …

Exillon Energy plc announces today that it intends to apply for the cancellation of the listing of its ordinary shares on the premium segment of the Official List of the Financial Conduct Authority and of trading on the Main Market of the London Stock Exchange plc. Delisting is subject to …

Eni has started the updating work for its new supercomputer system, HPC5, in order to strengthen the existing HPC4, tripling its computing power from 18 to 52 petaflops, equivalent to 52 million billion mathematical operations a second. Thanks to HPC5, powered by Dell Technologies, Eni’s Green Data Center, will become …

Vienna, Austria, 31 October 2019–The price of OPEC basket of fourteen crudes stood at $61.24 a barrel on Wednesday, compared with $61.44 the previous day, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), …

Russian oil producer Lukoil and Hungarian energy company MOL are set to sign a settlement deal over contaminated oil during Russian President Putin’s visit to Budapest this week, four industry sources told Reuters. A high level of organic chloride was found in late April in Russia’s Druzhba pipeline, which connects …

PAO NOVATEK today released its consolidated interim condensed financial statements as of and for the three and nine months ended 30 September 2019 prepared in accordance with International Financial Reporting Standards (“IFRS”). IFRS Financial Highlights (in millions of Russian roubles except as stated) 3Q19 3Q18 9M19 9M18 187,258  217,934  Oil and gas …

Vienna, Austria, 30 October 2019–The price of OPEC basket of fourteen crudes stood at $61.44 a barrel on Tuesday, compared with $61.65 the previous day, according to OPEC Secretariat calculations. (View Archives). The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), …